Daily Management Review

‘A Very Important Strategic Alliance For Inmarsat’


Global Xpress service to blossom in the partnership between Inmarsat and SpeedCast.

SpeedCast International and Inmarsat have entered into a “partnership”. The former specialises in “maritime broadband”. Both the company will jointly venture in rolling out the new “Global Xpress (GX) service” which will be reaching out to as many as “2,000 vessels” in a period of “five years”.
The alliance has proven to be a strategic one which will bring them together for conducting “key maritime markets around the world”. The same will be an attempt to propagate and endorse the “maritime-focused Fleet Xpress services”, which will have the satellite support of “new GX network”.
The said service will be made available to new as well as existing customers. Moreover, the “FleetBroadband service” will accompany as “primary back-up option”. The agreement states that Fleet Xpress will be placed as “a key service within ASX-listed SpeedCast's maritime services portfolio”, for the same has been integrated into the “existing maritime SIGMA gateway”.
It is indeed a “two way partnership” which will allow “Inmarsat to utilise SpeedCast's "unrivalled" global Ku-band network”, whereby serving the customers of Xpress link. In the words of the Chief Executive Officer at Inmarsat, Rupert Pearce:
“This is a very important strategic alliance for Inmarsat”.
“Today's announcement deepens our valuable partnership and we will work together to deliver the "Connected Ship". This new agreement with SpeedCast also significantly strengthens Inmarsat's position in the global maritime business; a sector in which we have been the Maritime connectivity leader for over 35 years, and this sector will continue to be an important focus for us.”

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